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66.9 (1y: +22%)
Market Cap 21.62 B P/E(ttm) 11.40
Enterprise Value 22.72 B P/B 2.80
RTN- NYSE (USA)
Raytheon Company
  • Currently 3/5
Business Predictability Rank: 3-Star
Back Testing Results:
Average gain of all 3-Star stocks: 8.2% per year.
% of Stocks that are in still loss if held for 10yrs: 11%.
Read more:
What is Predictability Rank?
Performances of real portfolio
Top Ranked Predictable Companies
$66.90
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GuruFocus Financial Strength Rank measures how strong a companyย’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry		 vs
history
Cash to Debt 0.855
RTN's Cash to Debt is ranked higher than
74% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.67 vs. RTN: 0.855 )
RTN' s 10-Year Cash to Debt Range
Min: 0.02   Max: 1.17
Current: 0.86
0.02
1.17
Equity to Asset 0.301
RTN's Equity to Asset is ranked higher than
58% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.40 vs. RTN: 0.301 )
RTN' s 10-Year Equity to Asset Range
Min: 0.3   Max: 0.54
Current: 0.3
0.3
0.54
Interest Coverage 15.6
RTN's Interest Coverage is ranked higher than
77% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 8.70 vs. RTN: 15.6 )
RTN' s 10-Year Interest Coverage Range
Min: 1   Max: 71
Current: 15.6
1
71
F-Score: 7
Z-Score: 2.81
M-Score: -2.49
GuruFocus Profitability Rank ranks how profitable a company is and how likely the companyย’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
ย•ย•3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rankย•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 8/10

vs
industry		 vs
history
Operating margin (%) 12.20
RTN's Operating margin (%) is ranked higher than
88% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 8.00 vs. RTN: 12.20 )
RTN' s 10-Year Operating margin (%) Range
Min: 4.5   Max: 12.2
Current: 12.2
4.5
12.2
Net-margin (%) 7.7
RTN's Net-margin (%) is ranked higher than
82% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 5.30 vs. RTN: 7.7 )
RTN' s 10-Year Net-margin (%) Range
Min: -4.5   Max: 12.1
Current: 7.7
-4.5
12.1
ROE (%) 23.5
RTN's ROE (%) is ranked higher than
95% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 11.80 vs. RTN: 23.5 )
RTN' s 10-Year ROE (%) Range
Min: -7.2   Max: 23.5
Current: 23.5
-7.2
23.5
ROA (%) 7.1
RTN's ROA (%) is ranked higher than
87% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 4.40 vs. RTN: 7.1 )
RTN' s 10-Year ROA (%) Range
Min: -2.9   Max: 11.1
Current: 7.1
-2.9
11.1
ROC (Joel Greenblatt) (%) 232.40
RTN's ROC (Joel Greenblatt) (%) is ranked higher than
98% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 20.10 vs. RTN: 232.40 )
RTN' s 10-Year ROC (Joel Greenblatt) (%) Range
Min: 14.8   Max: 241.1
Current: 232.4
14.8
241.1
Revenue Growth (%) 3.8
RTN's Revenue Growth (%) is ranked higher than
76% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.90 vs. RTN: 3.8 )
RTN' s 10-Year Revenue Growth (%) Range
Min: -8.3   Max: 8.7
Current: 3.8
-8.3
8.7
EBITDA Growth (%) 4.3
RTN's EBITDA Growth (%) is ranked higher than
76% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 3.70 vs. RTN: 4.3 )
RTN' s 10-Year EBITDA Growth (%) Range
Min: -11.8   Max: 15.4
Current: 4.3
-11.8
15.4
EPS Growth (%) 3.7
RTN's EPS Growth (%) is ranked higher than
78% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.00 vs. RTN: 3.7 )
RTN' s 10-Year EPS Growth (%) Range
Min: -4.2   Max: 57.5
Current: 3.7
-4.2
57.5
ยป RTN's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow

» Details

Guru Trades
Q2 2012

RTN Guru Trades in Q2 2012

John Burbank 38,000 sh (New)
Jeremy Grantham 150,200 sh (+79.67%)
Manning & Napier Advisors, Inc 32,832 sh (+78.96%)
Chuck Royce 44,595 sh (+32.02%)
Joel Greenblatt 250,496 sh (+17.32%)
John Buckingham 40,631 sh (+2.8%)
Jeff Auxier 13,800 sh (unchged)
Steven Cohen Sold Out
James Barrow 20,641,115 sh (-1.9%)
Murray Stahl 9,700 sh (-4.9%)
NWQ Managers 3,307,502 sh (-27.06%)
Mark Hillman 49,665 sh (-50.01%)
» More
Q3 2012

RTN Guru Trades in Q3 2012

Paul Tudor Jones 8,100 sh (New)
Steven Cohen 19,840 sh (New)
John Burbank 58,700 sh (+54.47%)
Chuck Royce 52,725 sh (+18.23%)
Jeremy Grantham 171,000 sh (+13.85%)
Manning & Napier Advisors, Inc 35,487 sh (+8.09%)
Jeff Auxier 13,800 sh (unchged)
Murray Stahl 9,700 sh (unchged)
John Buckingham 40,461 sh (-0.42%)
Joel Greenblatt 247,550 sh (-1.18%)
James Barrow 20,024,225 sh (-2.99%)
NWQ Managers 3,119,973 sh (-5.67%)
Mark Hillman 39,285 sh (-20.9%)
» More
Q4 2012

RTN Guru Trades in Q4 2012

Ray Dalio 69,719 sh (New)
Joel Greenblatt 300,491 sh (+21.39%)
Steven Cohen 22,885 sh (+15.35%)
Chuck Royce 58,660 sh (+11.26%)
Paul Tudor Jones 8,700 sh (+7.41%)
Murray Stahl 9,957 sh (+2.65%)
John Buckingham 41,237 sh (+1.92%)
Manning & Napier Advisors, Inc 35,780 sh (+0.83%)
Jeremy Grantham 306,402 sh (unchged)
Jeff Auxier 13,800 sh (unchged)
John Burbank Sold Out
James Barrow 19,692,149 sh (-1.66%)
NWQ Managers 2,701,932 sh (-13.4%)
Mark Hillman 31,380 sh (-20.12%)
» More
Q1 2013

RTN Guru Trades in Q1 2013

Jim Simons 45,500 sh (New)
John Hussman 1,600 sh (New)
Pioneer Investments 1,270,159 sh (New)
Paul Tudor Jones 14,300 sh (+64.37%)
Ray Dalio 95,119 sh (+36.43%)
Chuck Royce 71,400 sh (+21.72%)
Manning & Napier Advisors, Inc 38,545 sh (+7.73%)
James Barrow 19,887,033 sh (+0.99%)
Jeff Auxier 13,800 sh (unchged)
Murray Stahl 9,400 sh (-5.59%)
NWQ Managers 2,525,123 sh (-6.54%)
Mark Hillman 28,999 sh (-7.59%)
Joel Greenblatt 266,287 sh (-11.38%)
Jeremy Grantham 254,202 sh (-17.04%)
John Buckingham 21,748 sh (-47.26%)
Steven Cohen 10,288 sh (-55.04%)
» More
» Details

Insider Trades

Latest Guru Trades with RTN

GuruDate Trades Impact to Portfolio Price Range * (?) Current Price Change from Average Current Shares
Ray Dalio 2013-03-31 Add 36.43%0.01%$52.67 - $59.01 $ 68.0722%95119
John Hussman 2013-03-31 New Buy$52.67 - $59.01 $ 68.0722%1600
Joel Greenblatt 2012-12-31 Add 21.39%0.18%$54 - $59.28 $ 68.0721%300491
John Burbank 2012-12-31 Sold Out 0.15%$54 - $59.28 $ 68.0721%0
Ray Dalio 2012-12-31 New Buy0.04%$54 - $59.28 $ 68.0721%69719
John Burbank 2012-09-30 Add 54.47%0.05%$54.31 - $58.4 $ 68.0721%58700
Joel Greenblatt 2012-06-30 Add 17.32%0.15%$49.16 - $55.76 $ 68.0730%250496
John Burbank 2012-06-30 New Buy0.07%$49.16 - $55.76 $ 68.0730%38000
Joel Greenblatt 2012-03-31 Add 13.42%0.12%$47.99 - $52.96 $ 68.0744%213509
Ray Dalio 2011-12-31 Sold Out 0.1%$39.5 - $49.07 $ 68.0754%0
George Soros 2011-12-31 Sold Out 0.04%$39.5 - $49.07 $ 68.0754%0
Joel Greenblatt 2011-09-30 Add 20.89%0.21%$38.83 - $49.63 $ 68.0758%179369
Ray Dalio 2011-09-30 Add 159.33%0.06%$38.83 - $49.63 $ 68.0758%166083
Joel Greenblatt 2011-06-30 Add 425.11%0.84%$47.93 - $51.23 $ 68.0738%148369
Jean-Marie Eveillard 2011-06-30 Sold Out $47.93 - $51.23 $ 68.0738%0
Joel Greenblatt 2011-03-31 Reduce -70.22%1.01%$46.09 - $52.51 $ 68.0735%28255
George Soros 2011-03-31 Add 389.55%0.03%$46.09 - $52.51 $ 68.0735%65600
Mario Gabelli 2011-03-31 Sold Out $46.09 - $52.51 $ 68.0735%0
Joel Greenblatt 2010-12-31 New Buy1.44%$44.45 - $48.33 $ 68.0747%94876
David Dreman 2010-12-31 Sold Out 0.01%$44.45 - $48.33 $ 68.0747%0
Mario Gabelli 2010-09-30 New Buy$43.21 - $49.64 $ 68.0747%10000
Lee Ainslie 2010-06-30 Sold Out 1.26%$48.75 - $60.01 $ 68.0724%0
Mario Gabelli 2010-06-30 Sold Out $48.75 - $60.01 $ 68.0724%0
Jean-Marie Eveillard 2010-03-31 Add 56.65%0.03%$50.73 - $57.67 $ 68.0724%159000
David Dreman 2010-03-31 New Buy0.01%$50.73 - $57.67 $ 68.0724%6437
George Soros 2010-03-31 Add 40.45%$50.73 - $57.67 $ 68.0724%12500
Premium More recent guru trades are included for Premium Members only!!
ยป Financial Charts

Peter Lynch Chart

Ratios

vs
industry		 vs
history
P/E(ttm) 11.60
RTN's P/E(ttm) is ranked higher than
85% of the 206 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 16.50 vs. RTN: 11.60 )
RTN' s 10-Year P/E(ttm) Range
Min: 7.27   Max: 359.44
Current: 11.6
7.27
359.44
P/B 2.80
RTN's P/B is ranked higher than
59% of the 224 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.11 vs. RTN: 2.80 )
RTN' s 10-Year P/B Range
Min: 0.56   Max: 2.8
Current: 2.8
0.56
2.8
P/S 0.90
RTN's P/S is ranked higher than
72% of the 237 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.92 vs. RTN: 0.90 )
RTN' s 10-Year P/S Range
Min: 0.31   Max: 1.5
Current: 0.9
0.31
1.5
PFCF 11.90
RTN's PFCF is ranked higher than
80% of the 176 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 17.60 vs. RTN: 11.90 )
RTN' s 10-Year PFCF Range
Min: 7.09   Max: 179.72
Current: 11.9
7.09
179.72
EV-to-EBIT 7.6
RTN's EV-to-EBIT is ranked higher than
93% of the 195 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 13.78 vs. RTN: 7.6 )
RTN' s 10-Year EV-to-EBIT Range
Min: 5.1   Max: 30.4
Current: 7.6
5.1
30.4
PEG 1.3
RTN's PEG is ranked higher than
80% of the 146 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.50 vs. RTN: 1.3 )
RTN' s 10-Year PEG Range
Min: 0.53   Max: 9.47
Current: 1.3
0.53
9.47
Shiller P/E 12.4
RTN's Shiller P/E is ranked lower than
100% of the Companies
in the Global Aerospace & Defense industry.

( Industry Median: vs. RTN: 12.4 )
RTN' s 10-Year Shiller P/E Range
Min: 8.29   Max: 1311.33
Current: 12.4
8.29
1311.33

Dividend & Buy Back

vs
industry		 vs
history
Dividend Yield 3.00
RTN's Dividend Yield is ranked higher than
87% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.23 vs. RTN: 3.00 )
RTN' s 10-Year Dividend Yield Range
Min: 1.54   Max: 4.51
Current: 3
1.54
4.51
Dividend Payout 0.3524
RTN's Dividend Payout is ranked higher than
67% of the 129 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.40 vs. RTN: 0.3524 )
RTN' s 10-Year Dividend Payout Range
Min: 0.18   Max: 1.94
Current: 0.35
0.18
1.94
Dividend growth (3y) 12.7
RTN's Dividend growth (3y) is ranked higher than
94% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 0.00 vs. RTN: 12.7 )
RTN' s 10-Year Dividend growth (3y) Range
Min: 0   Max: 12.7
Current: 12.7
0
12.7
Yield on cost (5-Year) 6.30
RTN's Yield on cost (5-Year) is ranked higher than
90% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.31 vs. RTN: 6.30 )
RTN' s 10-Year Yield on cost (5-Year) Range
Min: 3.23   Max: 9.47
Current: 6.3
3.23
9.47
Share Buyback Rate 4.1
RTN's Share Buyback Rate is ranked higher than
98% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: -0.30 vs. RTN: 4.1 )
RTN' s 10-Year Share Buyback Rate Range
Min: 4.4   Max: -5.2
Current: 4.1

Valuation & Return

vs
industry		 vs
history
Price/Net Current Asset Value 6.3
RTN's Price/Net Current Asset Value is ranked higher than
67% of the 207 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 7.40 vs. RTN: 6.3 )
RTN' s 10-Year Price/Net Current Asset Value Range
Min: 2.4   Max: 8.6
Current: 6.3
2.4
8.6
Price/DCF (Projected) 0.8
RTN's Price/DCF (Projected) is ranked higher than
86% of the 144 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.30 vs. RTN: 0.8 )
RTN' s 10-Year Price/DCF (Projected) Range
Min: 0.5   Max: 1.5
Current: 0.8
0.5
1.5
Price/Median PS Value 1.2
RTN's Price/Median PS Value is ranked higher than
63% of the 225 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.00 vs. RTN: 1.2 )
RTN' s 10-Year Price/Median PS Value Range
Min: 0.8   Max: 1.6
Current: 1.2
0.8
1.6
Price/Peter Lynch Fair Value 1.3
RTN's Price/Peter Lynch Fair Value is ranked higher than
77% of the 77 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 1.40 vs. RTN: 1.3 )
RTN' s 10-Year Price/Peter Lynch Fair Value Range
Min: 0.7   Max: 2.1
Current: 1.3
0.7
2.1
Earnings Yield (Greenblatt) 13.20
RTN's Earnings Yield (Greenblatt) is ranked higher than
93% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 6.80 vs. RTN: 13.20 )
RTN' s 10-Year Earnings Yield (Greenblatt) Range
Min: 3.3   Max: 19.6
Current: 13.2
3.3
19.6
Forward Rate of Return (Yacktman) 14.28
RTN's Forward Rate of Return (Yacktman) is ranked higher than
89% of the 245 Companies
in the Global Aerospace & Defense industry.

( Industry Median: 2.45 vs. RTN: 14.28 )
RTN' s 10-Year Forward Rate of Return (Yacktman) Range
Min: -13   Max: 25.4
Current: 14.28
-13
25.4

Business Description

Raytheon Company was founded in 1922 and is incorporated in the state of Delaware. It is the surviving company of the 1997 merger of HE Holdings, Inc. and Raytheon Company. Raytheon provides technology-driven solutions that provide integrated mission systems for the critical defense and non-defense needs of its customers. Raytheon's integrated businesses assure mission success with a broad range of products and services in government electronics, space, information technology, technical services, business, aviation and special mission aircraft. Integrated Defense Systems provides affordable, integrated solutions to a strong international and domestic customer base, including the U.S. Missile Defense Agency, the U.S. Armed Forces and the Department of Homeland Security. Intelligence and Information Systems business provides solutions that enable intelligence professionals to obtain and decipher timely information that is key to its national security. Raytheon's Missile Systems business designs and manufactures key weapons and critical requirements, including air-to-air, strike, surface Navy air defense, land combat missiles, guided projectiles, exoatmospheric kill vehicles, and directed energy weapons. Raytheon Network Centric Systems (NCS) develops and produces mission solutions for networking, command and control, battlespace awareness, and air traffic management. Raytheon Technical Service Company specializes in Mission Support, counter-proliferation and counter-terrorism, base and range operations, and customized engineering services. Raytheon Space and Airborne Systems (SAS) designs and develops integrated systems for crucial missions. The Company's key customers include the U.S. Navy, Army, Air Force and Marine Corps, the MDA and the Department of Homeland Security, Japan, Saudi Arabia, United Arab Emirates, Taiwan, Australia, Germany, Korea, United Kingdom, U.S. Intelligence Community, the U.S. Department of Defense, the National Oceanographic and Atmospheric Association, the National Aeronautics and Space Administration, the U.K. Home Office and the DHS. It is subject to regulations and requirements of the U.S. Government agencies.
Company Website
SEC Reports
Industry: Aerospace & Defense
Compare:BA, ERJ, EADSY, RYCEY, HON
Traded in other countries:RTN1.Germany
ยป More Articles for RTN

Headlines

Articles On GuruFocus.com
McDonald's and Four Others Named Dividend Growers Last Week Jun 03 2013 
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Raytheon Company (RTN) Dividend Stock Analysis Apr 25 2013 
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Three Dividend Paying Stocks that Deliver Dividend Growth Mar 25 2013 
7 Dividend Stocks Building Future Yield Mar 25 2013 
6 High-Dividend, Low-P/E Value Stocks Mar 13 2013 
5 Stocks with a Strong Cash to Dividend Coverage Feb 20 2013 
Harris Corporation (HRS) Dividend Stock Analysis Oct 26 2012 

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